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Published On: Tue, Mar 12th, 2013

Five Guys franchise owner Mark Ruffer says Obamacare will cause prices to rise

Obamacare wasn’t designed to impede business owners, but poor sales and future Obamacare regulations may be the cause of delayed hirings.

Photo by Infrogmation

Photo by Infrogmation

Five Guys franchise holder Mike Ruffer said on Monday that the cost of The Patient Protection and Affordable Care Act will force him to raise the price of burgers and hot dogs, according to the Washington Examiner’s Paul Bedard.

“He will need all the profits from at least one of his eight outlets just to cover his estimated added $60,000-a year in new Obamacare costs,” Bedard’s report notes.

“Any added costs are going to have to be passed on,” said Ruffer, who operates eight Five Guys in the Raleigh-Durham, N.C. area.

Ruffer also said that he had to scrap plans to build three additional restaurants because he’s still waiting for after the Obama administration to explain all the rules and penalties involved in the healthcare bill.

“I’m kind of in a holding pattern,” said Ruffer, adding that he’s not the only franchise owner to hold back.

“Ruffer was the star witness at a Monday Heritage Foundation seminar on the impact Obamacare will have on small businesses,” Bedard notes. “He is typical of many: Because he has enough full time employees to activate the law, he faces either coughing up the money to provide health insurance or paying a fine of up to $3,000 per worker.”

 

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About the Author

- Writer and Co-Founder of The Global Dispatch, Brandon has been covering news, offering commentary for years, beginning professionally in 2003 on Crazed Fanboy before expanding into other blogs and sites. Appearing on several radio shows, Brandon has hosted Dispatch Radio, written his first novel (The Rise of the Templar) and completed the three years Global University program in Ministerial Studies to be a pastor. To Contact Brandon email [email protected] ATTN: BRANDON

Displaying 1 Comments
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  1. Phillip says:

    Well time to change burger joints. I could care less if it’s a Republican or Democrat issue, I just don’t like the places where I get my food to spout off their political BS. And the Heritage Foundation? Jesus Christ!! you people have no shame.

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